Burnaby, BC V5E 1C5,6340 KINGSWAY
Burnaby, BC V5E 1C5,6340 KINGSWAY
Burnaby, BC V5E 1C5,6340 KINGSWAY
Burnaby, BC V5E 1C5,6340 KINGSWAY
Burnaby, BC V5E 1C5,6340 KINGSWAY
Burnaby, BC V5E 1C5,6340 KINGSWAY
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$3,925,000

$4,388,000

10.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8,889 SqFt


SOLD DATE : 04/07/2024

Key Details

Sold Price $3,925,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 8,889 sqft

Price per Sqft $441

Subdivision Highgate

MLS Listing ID C8052661

Sold Date 04/07/24

Year Built 1963

Annual Tax Amount $28,707

Tax Year 2023

Property Description

Fantastic investment opportunity in a freestanding multi-tenanted commercial building with 69 foot frontage on Kingsway. This fully leased building had many updates in 2021 that included new exterior siding, bathrooms, doors, paints, flooring, just to mention a few. Additionally, it has a cap rate of more than 6% approximately with reliable tenants. It''s notable to mention that this property is a short drive to Metropolis at Metrotown and about a twenty minutes walk to Royal oak skytrain station. Email The listing agent for details. Please do not walk into the building and do not contact any of the tenants.

Location

State BC

Community Highgate

Area Burnaby South

Zoning British Columbia Default Zone

Region Greater Vancouver

City Region Greater Vancouver

Building

Water Municipal

Structure Type Mixed

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Real Estate  Board of Greater Vancouver(REBGV) - Commercial
Listed by Parallel 49 Realty
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+1(888) 897-9667

support@houstir.com

1300 Eastman Ave, Ventura, California, 93003

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